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Lambsquay Road, Milkwall, Coleford - Image 1
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Lambsquay Road, Milkwall, Coleford

South West

£375,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow is situated on a substantial plot exceeding a quarter of an acre in the tranquil village of Milkwall, known for its peaceful atmosphere and proximity to lush woodland paths. The property offers off-road parking and a detached garage, making it ideal for both everyday convenience and potential future projects. It comes to the market with no onward chain, presenting a seamless transition for prospective buyers. Milkwall itself is conveniently located just one mile from Coleford, where you'll find essential amenities such as a Post Office with a convenience store, a local pub, and community facilities like the football club. This combination of rural charm and accessibility makes it an appealing location for families or those seeking a quiet retreat. Upon entering the home, you are greeted by a spacious entrance porch that serves multiple purposes—whether as an inviting dining room, a serene study, or perhaps even a creative space. Natural light floods this area through windows on two sides while offering pleasant views of the front garden. From here, you move into the central hallway that connects all main areas of the home, providing ease of movement throughout. The living room is generously proportioned and benefits from dual-aspect windows that invite natural light in and create a harmonious connection with the outside environment. This room not only exudes warmth but also features a traditional stone fireplace that could easily accommodate modern enhancements such as a wood-burning stove. The kitchen offers practical country-style cabinetry with ample storage options. Its L-shaped layout facilitates effective workflow, making it user-friendly for daily tasks. A large window overlooks the rear garden while providing abundant daylight; direct access to the outside through the back door is perfect for those who enjoy gardening or outdoor activities. The kitchen features wood-effect flooring and neutral colors, offering ample opportunity for personalization or modernization. Each of the three bedrooms is filled with natural light and offers versatility in use. The primary bedroom has views over green surroundings and can comfortably fit larger furniture arrangements. The second bedroom looks out toward the driveway and garden, making it suitable as either an additional guest room or office space given its bright ambiance. The third bedroom provides similar flexibility; its positioning towards the rear allows for serene garden views while maintaining functionality. The bathroom is straightforward yet functional, equipped with essential fittings including a full-sized bathtub with an overhead electric shower. Although currently basic in design, simple cosmetic upgrades could easily enhance this space. Externally, you will find generous gravelled driveway parking that leads to a detached garage fitted with power and lighting—ideal not just for vehicles

Investment Analysis

(GL16 area)
Area Average
£295/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (GL16)

Area prices are falling by +11.2% over the last 12 months
3 year growth: -3.9%
5 year growth: 9.5%
Investment Disclaimer: Analysis based on GL16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lambsquay Road, Milkwall, Coleford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE